Answer to question 1:
When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.
Answer to question 2:
Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information
Answer to question 3:
Government regulation affects the financial services industry in many ways, but the specific impact depends on the nature of the regulation. Increased regulation means a higher workload for people in financial services.
Answer to question 5:
Adam Smith because he was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''.
Answer:
(-3,-12)
Step-by-step explanation:
Multiply the first equation by three to match the second equations y-term
The y-terms cancel out
Add the x-terms with each other and the terms after the equal sign as well
Divide -57 by 19
Input your x-term (-3) into one of the two first equations and multiply
Either:
Simplify your terms
Divide
Answer:
13.5 = 9.5 + x
x=4
Step-by-step explanation:
In this problem, the price of the baseball cap, which is $9.50, and a baseball, whose price is unknown (and therefore must be the variable), total $13.50. So, to set up the equation add the two prices and set them equal to the total, 9.5+x=13.5.
Then, using the subtraction property of equality subtract 9.5 from both sides. This means x=4, so the baseball cost 4 dollars.
You can find the approximate value of h in this the same way you could with an algebraic expression.
h - 3 < 5
+3
h < 8
